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Below is an in-depth analysis and side-by-side comparison of Great Wraps vs Shaka Burrito! including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $159,500 - $485,500 | $200,000 - $250,000 |
Franchise Fee | $22,500 | $25,000 |
Royalty Fee | 5.5% | 3% |
Advertising Fee | - | - |
Year Founded | 1974 | 2009 |
Year Franchised | 1983 | 2011 |
Term Of Agreement | 15 years | 5 years |
Term Of Agreement | 15 years | 5 years |
Renewal Fee | $5000 | - |
Business Experience Requirements |
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Experience | All you need is a willingness to follow our proven systems, good communication skills, and a passion for excellence - we'll teach you the rest. Existing liquid assets (CASH) of at least $100,000 and a net worth of $250,000. With that, you are then well-positioned to approach the Lender for the rest. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Our two-week Training Program is extremely thorough and easy to follow. | - |
Support | Once you're open for business, we're sure that you'll find the Great Wraps a simple business to operate and our supports systems incredibly effective. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Great Wraps served its first hot wrapped sandwich in 1974, providing customers with a quick alternative to hamburgers. Today the company offers a menu that includes tortilla and pita wraps, cheesesteaks and smoothies.
NO LONGER FRANCHISING
"ENJOY HEALTHY SURF INSPIRED CREATIONS SERVED ON THE ECO FRIENDLY TIP!"
WE ARE SHAKA!
We operate our restaurant with "Earth Friendly" products and practices.
Serve the freshest all natural products & source these items locally in season.
Prepare these ingredients using "From Scratch" recipes.
Never use shortcuts.
Only use recycled and/or biodegradable paper, packaging and tableware.
Supply the Big Island Environment that recharges the Mind, Body and Soul.
Represent The Positive!